Gujarat Industrial Development Corporation Tender
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Financial
Class Of Bidder
The class eligibility requirement to bid or participate in this tender is "A" Class & Above.
Bid Capacity
The bid capacity required is Rs. 4,73,92,255.21 and can be calculated using the formula:
ABC = 2*A*N - B
Where:
A = Maximum updated total amount executed in any one year from 2018-19 to 2023-24
N = 0.25 (Time Limit 03 Months) is the number of years prescribed for completion of the proposed work
B = Amount of the existing commitments and ongoing works to be discharged during the time interval of N years from the bid due date.
Alternatively, the bid capacity required is at least 30% of the estimated cost, which is Rs. 142.17 Lakh. The estimated cost can be calculated as Rs. 473.9 Lakh.
Technical Capacity
The required prior work experience for the bidder includes successful experience of similar work, with specific requirements as follows:
- Three similar completed works with an updated costing of not less than 40% of the estimated cost, i.e., Rs. 189.56 Lakh.
- Two similar completed works with an updated costing of not less than 50% of the estimated cost, i.e., Rs. 236.96 Lakh.
- One similar completed work with an updated costing of not less than 80% of the estimated cost, i.e., Rs. 379.13 Lakh.
The bidder's Average Updated Annual Financial Turnover during the last three years should be at least 30% of the estimated cost, which is Rs. 142.17 Lakhs.
The value of similar works completed is required to be provided, including a copy of the work order, agreement, and final bill for similar works completed. However, the percentage of similar works completed is not explicitly mentioned.
Costs
EMD
₹ 4,73,923Document Cost
Refer DocumentsTender Fee
₹ 7,080
Description
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Contact
Tender Id
156251Tender No
05/2024-25Tender Authority
Gujarat Industrial Development Corporation ViewPurchaser Address
-Website
https://gidc.gujarat.gov.in/
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Documents
DTP-Recarpeting existing ashphalt Road-NAO Panoli.pdf
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